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work very well in massachusetts. it is one state with one set of policies. that i don't think makes sense, but at least it is just one state. when you are combining hawaii with alaska. you've got all these diversions and what people want. you cannot make them all happy. that is why the market works so very well, they are transparent, people can design what they want. and people have a right to be wrong. they have a right to not get enough insurance or get too much insurance. dagen: i think people like free better than choice. if you look at "the new york times" today, a large piece of millions of people could get their premiums completely covered if they take the lower-cost plan just by the subsidy. that is a lot of winners for people not having to pay out-of-pocket, they will like that. >> the government does not create resources, it redistributes resources. for everybody who gets bailed out of a problem, there is somebody else who is paying for it and that is the whole problem is you have the economy where the peop
work very well in massachusetts. it is one state with one set of policies. that i don't think makes sense, but at least it is just one state. when you are combining hawaii with alaska. you've got all these diversions and what people want. you cannot make them all happy. that is why the market works so very well, they are transparent, people can design what they want. and people have a right to be wrong. they have a right to not get enough insurance or get too much insurance. dagen: i think...
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Nov 21, 2013
11/13
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but if it were, direct debt burden would be higher than it would be for illinois and mississippi or massachusetts bucks it is not burdened by the federal deficit and the debt burden that goes along with an. when you compare that pr is not in bad shape. adam: the shark circling whether it is and the cheaper not ended the island cannot borrow at affordable rates won't we cms sells off? three quarters of muni bond funds in the country have exposure to puerto ricans debt and sell something and they may wind up selling whatever as opposed to what they should sell. >> a lot of veteran analysts believe puerto rico's debt is money good meaning when it comes time to the interest and principal is going to be paid back. there's a lot of concern about reading the negative media reports and i have to be honest of hamel concerned two or thre weeks ago there were hedge fund managers would not know municipal bond it they did them in the face claiming puerto rico with a $0.10 on the dollar. that is ludicrous. if you look at the facts and you know what is going on you know puerto rico's debt is many good. adam: hu
but if it were, direct debt burden would be higher than it would be for illinois and mississippi or massachusetts bucks it is not burdened by the federal deficit and the debt burden that goes along with an. when you compare that pr is not in bad shape. adam: the shark circling whether it is and the cheaper not ended the island cannot borrow at affordable rates won't we cms sells off? three quarters of muni bond funds in the country have exposure to puerto ricans debt and sell something and they...
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Nov 20, 2013
11/13
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and create logistical chaos fueling even more uncertainty, cindy and adjoining states like georgia, massachusetts, rhode island, rhode island. there are number of democrats on capitol hill calling for changes on the law. >> there should be a transitional year. it takes time for this. the transitional year be this year, shop, get the product right, get the market right and get the rollout right. >> the website will be working for the majority of the people by the end of this month. cheryl: rich, thank you. dennis: sticking with health care, key health care official admitting in test my to congress 30 to 40% of healthcare.gov still needs to be built. given how well they did the past three years to build the first 70%, it is going over swimmingly well. chairman and ceo of th ehealth. you wrote a letter to its go to offer to help out. tell us what you offered and what you heard. >> we have done this for years and years. the amazon.com of health insurance. we wrote a letter to the president offering to help, we will take is over while others are trying to fix the federal government exchange to get peo
and create logistical chaos fueling even more uncertainty, cindy and adjoining states like georgia, massachusetts, rhode island, rhode island. there are number of democrats on capitol hill calling for changes on the law. >> there should be a transitional year. it takes time for this. the transitional year be this year, shop, get the product right, get the market right and get the rollout right. >> the website will be working for the majority of the people by the end of this month....
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Nov 20, 2013
11/13
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indiana joining a list of several other states who are not alone the president to change including in massachusetts, mississippi, a few other states including 10 states who will allow insurance companies including colorado, north carolina, oregon and texas. that continues at the white house at 4:00 today. as a group have said it is very difficult and will take years to phase out. insurance company allowed them to phase them in over a matter of months. it could be even more expensive. this is from yesterday. down in florida, in miami an event to try and get people signed up on obamacare. a cbs affiliate picked up video of her witnessing the website crashing for a couple of times. cbs says only two people were able to get health insurance. we have yet to receive a response on why that is true. seeing firsthand how the website continues to crash. the administration has it out and running at the end of this month for the metric is filled with lots of questions as to how many people will actually be able to access that site. back to you. adam: simply put, don't hold your breath. lori: we learned earlier
indiana joining a list of several other states who are not alone the president to change including in massachusetts, mississippi, a few other states including 10 states who will allow insurance companies including colorado, north carolina, oregon and texas. that continues at the white house at 4:00 today. as a group have said it is very difficult and will take years to phase out. insurance company allowed them to phase them in over a matter of months. it could be even more expensive. this is...
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in massachusetts the model. health care costs have not come down. they pay the most per person in the country on health care. in the united states we go forward with obamacare. they don't have young people signing up. they are takeing a $95 penalty as opposed to paying higher premiums. that create what is they call a death spiral. older, less healthy folks signing up but not supported by younger, healthy folk paying into the system. potentially it collapses. what do you do? >> you described it perfectly. this is what we talked about when debating the bill. we're seeing it happen now. those who are younger are not just going to pay all these higher costs for no benefit. those who are older are moving into a system that is being undercut by the failure of the economics of the plan and the death spiral is exactly what we are seeing start right now. although the administration points to a lot of individual stories about people who are able to get health care, and there are people who are able to get health care with the exchange subsidies, the fact is t
in massachusetts the model. health care costs have not come down. they pay the most per person in the country on health care. in the united states we go forward with obamacare. they don't have young people signing up. they are takeing a $95 penalty as opposed to paying higher premiums. that create what is they call a death spiral. older, less healthy folks signing up but not supported by younger, healthy folk paying into the system. potentially it collapses. what do you do? >> you...